Statutory Power of Attorney Form - Oregon

An Oregon Statutory Power of Attorney Form is needed in cases when a principal wants to delegate themselves an agent, giving them legal permission to make vital financial decisions on their behalf. This can even be done in the event that the principal cannot do this independently, as confirmed by a doctor. For this reason, the chosen agent needs to be reliable (usually a relative or close friend) and should be available in case they are needed urgently to close off a deal. It is the responsibility of the principal to detail and clearly lay out their expectations so that the agent can follow them appropriately.

However, another vital factor worth thinking about when creating an Oregon Statutory Power of Attorney is the signing requirements. Although legally the only individual required to add their signature is the principal, if the form goes to a bank for example, they would expect the form to be notarized.

Haven't found the form you're looking for? Take a look at the related forms below:

• Power of Attorney (POA);
• Durable Power of Attorney Form;
• Medical Power of Attorney Form.